Earnings & Savings
Solar PV
- Overview
- How does it work?
- Is it right for me?
- Earnings & Savings
- Costs
- Q&As
Earnings
Typically, our 4kw solar PV system costing £3,450 will generate 3,852 units of electricity per annum.
You will receive savings on your electricity bill and Smart Export Guarantee payments of approximately £355* per annum.
Over 20 years you can expect benefits of £13,073**
Smart Export Guarantee Payment of 5.4p p/kW.
Electricity Savings of 18p p/kW.
Being at home all day to use the free electricity.
Savings
A 4 kilo watt system can generate over 3,852 kilowatt hours of electricity a year – that’s around three quarters of a typical household’s electricity needs which means you should expect to save £s on electricity alone.
Additionally, you will save over a 1.5 tonnes of carbon dioxide every year.
*Returns based on south facing roof with a 39 degree pitch and no shading.
**20 year total benefit is based on 3.2% inflation and 6% energy inflation.
3.2% inflation is based on as an average over the last ten years from the “Office of National Statistics Consumer Price Indices”. 6% fuel inflation is based on an increase of fuel prices over the last 5 years sourced from “DECC Domestic Energy Price Statistics”
Smart Export Guarantee
The Smart Export Guarantee was launched on 1st January 2020, to replace the Feed-in Tariff.
A 4kWp solar panel system could make around £355 per year!
Homeowners with solar panels can start making money again!
Smart Export Guarantee4kW Returns*
Total Savings on Electricity and Payments from the Smart Export Guarantee Scheme p/a
Total Benefit in Year One
Home all day £355
Home half day £326
Total Benefit over 20 years
Home all day £13,073**
Home half day £11,996**
Payback Year
Home all day 7
Home half day 7
Annual Return Rate
Home all day 12.2%
Home half day 11.44%
*Returns based on south facing roof with a 39 degree pitch and no shading.
Smart Export Guarantee Payment of 5.4p p/kW
Electricity Savings of 18p p/kW
**20 year total benefit is based on 3.2% inflation and 6% energy inflation.
10kW Returns*
Total Savings on Electricity and Payments from the Smart Export Guarantee Scheme p/a
Total Benefit in Year One
Home al day £888
Home half day £815
Total Benefit over 20 years
Home all day £32,682**
Home half day £29,990**
Payback Year
Home all day 5
Home half day 6
Annual Return Rate
Home all day 14.63%
Home half day 13.86%
*Returns based on south facing roof with a 39 degree pitch and no shading.
Smart Export Guarantee Payment of 5.4p p/kW
Electricity Savings of 18p p/kW
**20 year total benefit is based on 3.2% inflation and 6% energy inflation.
Solar Battery Storage
Solar, alone, already provides you with phenomenal savings on your energy bills; couple your solar system with battery storage and you can achieve even further savings!
By investing in battery storage, you will also decrease your dependence on the grid, achieve massive cost savings, and even further lower your carbon footprint!
For more information check out or Battery Storage pages!
Battery StorageEnergy Diverters
Save even more money using an energy direction control device!
Energy diverters are an intelligent addition to any solar PV system.
They take the excess energy produced by the Solar PV system that would ordinarily be exported back to the grid, and diverts it to designated heat appliances i.e. your hot water cylinder.
On average, you can receive 4p for every kilowatt of Solar PV energy that you export to the grid; comparatively, on average, it costs up to 18p per KwH to heat your hot water, with electricity.
With one of the Energy Diverters installed by Impact you can use your excess energy to heat your hot water, saving you that huge difference!
Find out more